MoneyWorks4Me

DLF to unveil luxury housing project - Regal Gardens

28 Feb 2012 Evaluate

DLF is planning to unveil luxury housing project -- Regal Gardens -- in Gurgaon which is spread over 11 acres under which, the company will offer 562 premium apartments. The project is part of the 450-acre integrated township -- Garden City -- in Gurgaon. The company is expecting a sales realization of about Rs 700 crore from the said project.

Last week, DLF has collected Rs 500 crore from selling 350 flats in a luxury housing project in Gurgaon -- The Primus -- which is part of a 450 acre integrated township - DLF Garden City. The Garden City will have plotted development projects, namely The Primus, Regal Gardens and New Town Heights, besides housing a commercial complex -- Galleria 91.

Further, the company had set aside an investment amount of Rs 8,000 crore to build up the integrated township at Gurgaon within 2-3 years. 

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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